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What is more important: Interpretations or Standards? What takes precedence? Our CaseWare Financials content expert, Carmen Ridley explains. Entities who are required to comply with Accounting Standards are often unsure about whether this means they are also required to comply with Accounting Interpretations. AASB…

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Standards Issued Not Yet Effective – Latest Edition.  Provided by Carmen Ridley (afrs.com.au), this is the latest edition of this document that provides a quick reference guide to Australian Accounting Standards which have been issued by the AASB or IASB but are not yet effective and therefore should be…

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Key Management Personnel (KMP) transactions and their disclosure in the financial statements or the remuneration report. CaseWare: Originally published 26 September 2014 Industry News Given the recent changes to AASB 124 Related Party Transactions and the Corporations Regulations, there has been some confusion over what disclosures are required to…

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